BTC update 29.08.18

Well, that was kinda unexpected. It is really hard to get a good count on this, but for now I am turning bullish on BTC. Is this already the terminal end of the correction? I don't know... but I certainly have a bullcount now:

)

Until I see a low below 6500, I will stay bullish. So I am watching that number closely.

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I think we're too overbought to go any further right now. This correction happening right now could push us down the previous resistance at 6750$, which will in the end become our support. A second scenario is to stay above the 50 & 100 day MA's and do a little sideways movement, which will reduce the values of the momentum indicators.
Be prepared for anything.